Supply Chain Shaman

JUNE 7, 2021

I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers. In Table 1, I share a comparison of the two methods.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

JULY 25, 2021

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Functional Intitiatives Without Clarity on Supply Chain Strategy.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

JULY 22, 2019

The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. By comparison, vendors have been investing in advanced technologies such as artificial intelligence (AI) and advanced analytics to enhance their offerings. versus $4.84

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Logility

APRIL 2, 2020

Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. 2 Identify and get access to the right data sources. If you use data quality tools, monitor the amount of clean-up needed and work hard to improve the quality in source data systems. 3 Get the metrics right. Featured Download.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Logility

NOVEMBER 30, 2020

Materials and components are sourced from even more remote locations and finished products are being sold into expanding regions and channels. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. The amount of external data continues to grow at exponential rates.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

Supply Chain Shaman

JUNE 26, 2017

Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. They do not have a peer group for comparison. So, let’s take the first question, “Why not Amazon?”

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. By comparison, vendors have been investing in advanced technologies such as artificial intelligence (AI) and advanced analytics to enhance their offerings. versus $4.84

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

Supply Chain Shaman

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? We placed them in the industry that they were the most like, e.g., the primary source of revenue. We find that companies will establish metric targets in isolation and throw the supply chain out of balance.

Pharmaceutical 274

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 274

EC Sourcing Group

MAY 17, 2023

By classifying goods and services into logical groups, procurement professionals can streamline the eSourcing process, facilitating easier identification and comparison of suppliers, negotiating favorable contracts, and expediting the sourcing cycle. Want to learn more?

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 52

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Insights

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? They had to be publicly traded, we had to have a nearly complete data set for the years studied, and they had to have a peer group of at least six companies to be able to draw the comparisons.

Pharmaceutical 179

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 179

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? Gathering the necessary data to formulate an accurate comparison between previous results and those provided by machine learning is an excellent way to establish confidence in your results.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Procurement Academy

OCTOBER 25, 2021

A traditional approach to sourcing—looking at potential suppliers through familiar lenses such as price, quality, and reliability—had the benefit of straightforward metrics on which to base a comparison. How should these be balanced against traditional procurement metrics? Choices, choices, choices. On what measure?

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Logistics Viewpoints

DECEMBER 1, 2022

Container Import Volume Year-over-Year Comparison. Source: Descartes Datamyne. The only bright note is that shipping costs will be a fraction of what they were over the last several years. Figure 1: U.S. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Somewhat nailed it.

Predictive Analytics Software 198

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 198

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. In the OnDemand platform, some brands can also access a Supply Chain Scorecard that shows metrics including Days of Supply and Days of Supply Goal.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. While every company will agree that this data is VERY important, the lack of standard definition precludes comparison. For me, this was disappointing to see.This comparison is a good way to measure the effectiveness of forecasting processes.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Intelligent Audit

MAY 6, 2021

technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.” Track the Right Performance Metrics. The next key to transportation network optimization rests with performance metrics. Industry 4.0 Download the White Paper.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. Supply Chain Design. Did I miss anything?

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This raises the question…. Is COVID19 the death of Global Supply Chains?

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Logility

APRIL 3, 2018

Materials and components are sourced from ever-more remote locations and finished products are being sold into expanding regions and channels. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. The amount of external data continues to grow at exponential rates.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 100

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. As a group, we drill into root issues.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

GlobalTranz

JANUARY 30, 2015

It is important to know who is providing the source data used to develop your KPIs. If you are using components of source data outside of either you or your provider’s control, what are the means of auditing its accuracy? The methods of evaluating metrics or developing KPIs vary significantly from company to company.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Supply Chain Shaman

APRIL 14, 2013

To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. They will be digitally shared through Amazon, iTunes and other sources.

Gartner 267

Gartner S&OP Pharmaceutical Supply Chain Planning Software 267

NC State SCRC

DECEMBER 17, 2017

The ranking “is based on an analysis of 37 data inputs provided by 12 third-party sources. In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management. Jacobs et al.,

North Carolina 40

North Carolina Innovation Supply Chain Software Optimal Sourcing 40

Precoro

JUNE 6, 2022

Acting as the last link selling products or services directly to the end customers – companies or individuals – the vendor receives a fee from the customer for sourcing the product tailored to his needs. Vendors source avail goods and services to sell them to the end customers – companies or individuals. Suppliers' Insights.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

SupplyShift

MARCH 27, 2018

In the last decade, companies have begun recognizing the importance of responsible sourcing of paper and packaging, and we have seen a more than 10-fold increase in companies committing to reduce deforestation in their supply chains. They should be able to save time and effort by reusing those responses across a variety of shared metrics.

Packaging 52

Packaging Supply Chain Planning Software Supply Chain Design Software Material Savings 52

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. If so it may be impossible to conduct an apples-to-apples comparison. Adopt performance metrics for carriers.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Insights

APRIL 9, 2013

To understand supply chain excellence, we have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. They will be digitally shared through Amazon, iTunes and other sources. Selection of conference speakers.

Gartner 137

Gartner Pharmaceutical Supply Chain Planning Software Supply Chain Strategy 137

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Supply Chain Game Changer

MAY 27, 2020

In the end, companies will undertake a detailed Landed Cost Analysis – a comparison of the cost at the point of entrance into the U.S., Sourcing strategies should be reviewed more frequently and be on the lookout for chess board changes and price dislocations. or where the product “lands”, whether made in the U.S. Supplier Management.

Price Reduction 132

Price Reduction Cost Reduction Strategies Material Savings Purchasing Skills 132